Diamond Hill Capital Management Inc. Sells 117,176 Shares of Sensata Technologies Holding plc (NYSE:ST)

Diamond Hill Capital Management Inc. lessened its stake in Sensata Technologies Holding plc (NYSE:ST) by 14.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 696,496 shares of the scientific and technical instruments company’s stock after selling 117,176 shares during the period. Diamond Hill Capital Management Inc. owned about 0.47% of Sensata Technologies worth $19,084,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Blue Trust Inc. grew its position in shares of Sensata Technologies by 738.7% in the 4th quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company’s stock valued at $26,000 after buying an additional 820 shares during the last quarter. Venturi Wealth Management LLC boosted its position in shares of Sensata Technologies by 67.6% during the 4th quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company’s stock valued at $56,000 after purchasing an additional 817 shares in the last quarter. Quarry LP boosted its position in shares of Sensata Technologies by 61.2% during the 3rd quarter. Quarry LP now owns 1,714 shares of the scientific and technical instruments company’s stock valued at $61,000 after purchasing an additional 651 shares in the last quarter. Parkside Financial Bank & Trust boosted its position in shares of Sensata Technologies by 48.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company’s stock valued at $69,000 after purchasing an additional 820 shares in the last quarter. Finally, Assetmark Inc. boosted its position in shares of Sensata Technologies by 19.0% during the 3rd quarter. Assetmark Inc. now owns 2,602 shares of the scientific and technical instruments company’s stock valued at $93,000 after purchasing an additional 416 shares in the last quarter. Institutional investors own 99.42% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. UBS Group cut their target price on Sensata Technologies from $38.00 to $37.00 and set a “buy” rating on the stock in a research report on Wednesday, February 12th. Oppenheimer cut their target price on Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating on the stock in a research report on Thursday, February 13th. The Goldman Sachs Group cut their target price on Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. Finally, Evercore ISI cut their price target on Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating on the stock in a report on Friday, January 17th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, Sensata Technologies presently has an average rating of “Hold” and an average price target of $39.08.

Sensata Technologies Stock Performance

Shares of Sensata Technologies stock opened at $27.18 on Friday. The company has a market cap of $4.07 billion, a PE ratio of 32.36, a price-to-earnings-growth ratio of 1.25 and a beta of 1.20. Sensata Technologies Holding plc has a 52 week low of $24.91 and a 52 week high of $43.14. The business has a 50 day moving average price of $27.93 and a 200-day moving average price of $31.39. The company has a quick ratio of 1.99, a current ratio of 2.85 and a debt-to-equity ratio of 1.11.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings data on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 EPS for the quarter, hitting the consensus estimate of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. Equities analysts anticipate that Sensata Technologies Holding plc will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.77%. The ex-dividend date of this dividend was Wednesday, February 12th. Sensata Technologies’s dividend payout ratio (DPR) is presently 57.14%.

Sensata Technologies Company Profile

Sensata Technologies Holding plc develops, manufactures, and sells sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications in the United States and internationally. It operates in two segments, Performance Sensing and Sensing Solutions.